Porsche Automobil (ETR:PAH3) Shares Up 0.7% - Should You Buy?

Key Points

• Porsche Automobil Holding SE's shares rose by 0.7% during trading, reaching a last price of €34.77 ($40.43).
• The stock's trading volume increased by 25% compared to its average daily volume, indicating heightened investor interest.
• Porsche has a market cap of $11.10 billion and a low P/E ratio of 2.92, suggesting potential undervaluation in the market.

Porsche Automobil Holding SE (ETR:PAH3 - )'s share price was up 0.7% during trading on Wednesday . The stock traded as high as €34.99 ($40.69) and last traded at €34.77 ($40.43). Approximately 626,137 shares were traded during trading, an increase of 25% from the average daily volume of 502,739 shares. The stock had previously closed at €34.52 ($40.14).

Porsche Automobil Stock Performance

The stock has a 50-day moving average of €35.24 and a two-hundred day moving average of €35.00. The company has a market cap of $11.10 billion, a P/E ratio of 2.92, a P/E/G ratio of 2.65 and a beta of 1.31.

Porsche Automobil Company Profile

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, KODA, Bentley, Lamborghini, and Porsche brand names.

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